TAMAN MELOR FASA 1-PENDANG

TAMAN MELOR FASA 1-PENDANG in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 94.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 180K to RM 320K, and a typical market range of RM 208K to RM 293K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 94, though individual units vary from RM 67 to RM 121 in the core range. The broader market spans RM 81.63 to RM 106.38, indicating diverse property characteristics. A wider spread (IQR: RM 24.75) and deviation (MAD: RM 27) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.